Shares of SpaceX (NASDAQ:SPCX) stock are down 9% in midmorning trading Monday, sliding to around $168 after the company announced its first public bond offering.
The first week of SpaceX's (NASDAQ: SPCX) public journey has wrapped with the stock up 15%, and now all eyes are on the SpaceX share unlock timeline.
Amid the ongoing correction for Space Exploration Technologies Corp. (NASDAQ: SPCX) stocks, KeyBanc has initiated coverage of SpaceX stock for the next 12 months.
SpaceX (NASDAQ: SPCX) stock is under pressure, with shares falling over 4% in pre-market trading on Monday and extending a sharp pullback from recent record highs.
SpaceX (NASDAQ: SPCX) stock could rally back to its record high near $225 if it breaks above a key resistance level, according to a new technical analysis of the company's 10-minute chart.
As the Magnificent Seven continue to take a breather for 2026 relative to the S&P, up 10% year to date (YTD), and the Nasdaq 100, up 21% YTD, I'm sure many are wondering if it's time to move on to a new tech leadership group, perhaps one that includes the semiconductor gems and Space Exploration Technologies (NASDAQ:SPCX), the red-hot new stock on the block.
Though the gains have tapered somewhat during the most recent June 18 stock market session, acquiring SpaceX (NASDAQ: SPCX) shares during the initial public offering (IPO) would have been a highly lucrative move already in the equity's first week.
SpaceX (SPCX) shares may have tumbled in recent sessions, but Oppenheimer remains convinced that the space infrastructure and AI giant is poised for significant upside as the year unfolds. In a research note this morning, analyst Timothy Horan touted SPCX's recent acquisition of Cursor – an artificial intelligence coding firm – which he believes could drive the stock to a high of $250 by year-end.
Despite significant apprehensions many investors have about its massive valuation, SpaceX NASDAQ: SPCX has been on a meteoric rise in its early days of trading. The pesky valuation concern—coupled with an unusually small float and the potential for significant pressure on insiders to sell shares down the line—means that many investors who might otherwise be tempted to enter a position in SPCX may instead choose not to, at least not in the immediate aftermath of the largest-ever IPO.
SpaceX (NASDAQ:SPCX) stock is down 7% on Thursday, June 18, sliding to $179 a day after the Federal Reserve's latest policy decision.
SpaceX (NASDAQ: SPCX) received a bullish endorsement from Arete on Thursday, June 18, which initiated coverage of the newly public aerospace company with a ‘Buy' rating and a Street-high SpaceX stock price target of $401.
On a recent Diet TBPN segment, John Coogan and callers Quinn Thompson and Nick Carter spent a chunk of the show trying to make sense of what happened to SpaceX's (NASDAQ:SPCX) after-hours quote and what it meant for a deal most retail investors had never heard of.